INTERNATIONAL ACTIVITY

Transcription

1 INTERNATIONAL ACTIVITY 2009

2 ANCI, National Association of Independent Construction Companies, is an organization founded in 1997 that represents twenty-three Spanish construction companies, large and medium-sized. ANCI members are leading companies in the construction sector: civil works and building (residential and non-residential), being also active in concessions (construction, exploitation and/or maintenance of transportation infrastructures, facilities, ), real estate, renewable energy projects (promotion, design, construction and exploitation), environmental projects and services, logistics, engineering, etc The business volume of ANCI members exceeded 10,100 million Euros in 2008, which represents approximately a 20% market share of the domestic construction contracting activity and a 1% contribution to the Spanish Gross Domestic Product (GDP). ANCI represents, advises and defends the interests of member companies in front of administrative bodies and any other public and private entities both on an national scale and internationally, providing its members the following services: To host negotiations with the administrative bodies regarding any issue concerning the members as a group. Construction sector situation and trends monitoring. Technical and legal consultancy regarding any matter of the members common interest. Presence in forums as a group, that may not be open to individual companies, as well as trade fairs. Representation in case of dispute that may involve any risk for the sector. Legal information, both Spanish and international, that affect the members. A leading voice in front of public opinion when either needed or advisable. Workgroups to study any topic of special interest and/or involving business opportunities. ANCI belongs to: CNC, Spanish Confederation of Construction Companies, forming part of the Steering Board. CEOE, Spanish Confederation of Business Organizations, forming part of the Executive Committee. PTEC, Spanish Technologic Committee of the Construction Sector. AENOR, Spanish Association for Standardization and Certification, as corporate member. AENOR Advisory Board for Certification. APD, Association for the Management Progress. New Economy Forum. Paseo de la Castellana, 119-2º dcha Madrid. Spain. Tlf: Fax: A N C I M E M B E R S C O M P A N I E S Grupo Aldesa Construcciones Alpi, S.A. Altec Empresa de Construcción y Servicios, S.A. Azvi, S.A. Begar, S.A. Bruesa Construcción, S.A. Constructora Hispánica, S.A. Grupo Copasa Copcisa, S.A. Grupo Copisa Cyopsa-Sisocia, S.A. Joca Ingeniería y Construcciones, S.A. Grupo Empresarial Lubasa, S.L. Marcor Ebro, S.A. Peninsular de Contratas, S.A. Ploder Uicesa, S.A. Probisa Tecnología y Construcción, S.A. Puentes y Calzadas Grupo de Empresas, S.A. Grupo Rover Alcisa, S.A. Construcciones Rubau, S.A. Sando Construcciones Sarrión, S.A. Sogeosa. Sociedad General de Obras, S.A.

3 M E S S A G E F R O M T H E P R E S I D E N T This publication, issued by the National Association of Independent Construction Companies (ANCI), is intended to show the increasing importance of ANCI member companies international activity. In recent years, many of these companies, as part of their strategic plans, have made significant progress to access world markets by exporting their activity to foreign countries, carrying out all types of projects in the construction sector, from civil works and building to concessions. Nowadays, those ANCI companies are fully consolidated in numerous countries of Latin America, East Europe and north of Africa while they continue the expansion into Middle East and Asia. When planning the new geographic markets entry, it is essential to have an appropriate fiscal and legal framework for investment. On the one hand, emerging countries represent business opportunities since investment in infrastructure is a crucial factor for a country's economic growth, but on the other hand developed countries offer a more adequate regulatory framework. However, what all the countries have in common is that construction and other related sectors, such as concessions, infrastructures and facilities management and maintenance, services and so on, are an important part of their economies. At this point, special mention should go to the fact that ANCI member companies are among Spanish leading companies in those sectors. This becomes essential when entering a foreign market in competition with indigenous firms or other international firms targeting that market. It is also remarkable the companies philosophy of permanence, providing sustainable value over time by their business performance as well as by establishing a local organization, well integrated in the country, through branches, subsidiary companies or entering into a joint venture with a local business. To conclude, I would like to reiterate that ANCI member companies have the know-how, the experience, the resources and the capability to execute all type of projects across the world, either competing in the world markets or creating strategic partnerships, inside an increasingly global and competitive international business environment. Jaime Lamo de Espinosa President of ANCI 1

4 I N T E R N A T I O N A L A C T I V I T Y ANCI companies activity on the international market dates back to 2001 and cover all types of civil works and building projects, concessions, environmental projects and services, renewable energy, real estate, facility services, logistics, engineering, etc. Nowadays, fourteen ANCI member companies have a fully consolidated international activity in twenty-three countries of Europe, America, Africa and Asia, having also local branches, subsidiaries and/or shared companies in those countries. International business volume of ANCI member companies reaches million Euros between 2001 and % 30 31,3 DISTRIBUTION OF THE INTERNATIONAL PROJECTS UNDERTAKEN BY ANCI MEMBERS IN BY COUNTRY ,2 14,6 10,0 6,2 5,3 4,9 4,3 3,3 1,7 1,3 1,0 0,5 0,2 Largest international market is Mexico where more than 30% of the business volume is carried out, followed by Libya, Gibraltar and Brazil. Mexico Lybia Gibraltar Brazil Portugal Venezuela Chile Morocco Poland Nicaragua Turkey Oman Bulgaria Argentina China % 35 36,0 DISTRIBUTION OF THE INTERNATIONAL PROJETS UNDERTAKEN BY ANCI MEMBERS IN BY SECTOR Over 80% of the business volume consists of construction and/or concessions of roads&highways projects and building projects (residential and nonresidential) ,8 23,3 6,9 Others: - Infrastructure maintenance - Airports - Irrigation - Renewable energy - Maritime works - Urban development - Refurbishment and renovation - Waste management 2,9 2,7 1,6 2,9 Roads&highways Residential building Non Residential building Railroads Logistics hubs Water works Parkings Others 2

5 I N T E R N A T I O N A L P R E S E N C E ANCI MEMBER COMPANIES IN THE WORLD: GRUPO ALDESA AZVI, S.A. BEGAR, S.A. BRUESA CONSTRUCCIÓN, S.A. CONSTRUCTORA HISPÁNICA, S.A. GRUPO COPASA COPCISA, S.A. GRUPO COPISA JOCA INGENIERÍA Y CONSTRUCCIONES, S.A. GRUPO EMPRESARIAL LUBASA, S.L. MARCOR EBRO, S.A. PUENTES Y CALZADAS GRUPO DE EMPRESAS, S.A. SANDO SOGEOSA. SOCIEDAD GENERAL DE OBRAS, S.A. INTERNATIONAL PRESENCE EUROPE France Andorra Portugal Gibraltar EAST OF EUROPE Poland Ukraine Romania Hungary Bulgaria LATIN AMERICA Mexico Nicaragua Panama Venezuela Colombia Brazil Chile Argentina AFRICA Morocco Libya ASIA Turkey United Arab Emirates Oman China 3

6 4 Tourist development in the Huatulco area (Mexico). Construction (civil works and building, residential and non-residential), Concessions, Engineering and services, Renewable energy and Real estate. BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW M Latin America (Brazil and Mexico), Sub-Saharan Africa, Middle East and North of Africa (United Arab Emirates, Oman, Algeria, Tunisia, etc.) and East of Europe. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA CO Total turnover: million Equity: 124 million GRUPO ALDESA C/ Bahía de Pollensa, Madrid. España Tlf: Fax: INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS Diamond-Plaza office building in Krakow (Poland). Tuxla-Gutierrez and San Cristobal Arriaga-Ocozocoautla toll highways (Mexico). Mexico and Poland. Local branches, subsidiaries and/or shared companies: Aldesa Mexico (Mexico) and Aldesa Polska (Poland). Mexico: - Concession to exploit during 30 years of the Mexican toll highways Tuxtla Gutiérrez and San Cristóbal Arriaga- Ocozocoautla and to construct a new section of the latter, facilitating the commute and communication with Mexico D.F. and the connection with Central America. - Construction of Durango Mazatlan toll highway, section I. - Tourist development in the Huatulco area (Oaxaca state) on the Pacific coast. Poland: - Development and marketing of Diamond-Plaza, a m 2 A-class office building for rental in Krakow.

7 Highway Tapachula-Talismán (Mexico). Logistic and customs center in the city of Los Andes (Chile). Chile, Mexico, Brazil, Portugal and Romania. Local branches: Santiago de Chile (Chile), Mexico D. F. (Mexico), Sao Paulo (Brazil) and Bucharest (Romania). Subsidiaries and/or shared companies: Azvi Chile (construction) and Cointer Chile (concessions) in Chile; Construcciones Urales (construction) and Cointer Mexico (concessions) in Mexico; Cointer Brasil (concessions) in Brazil and Azcale (construction) in Romania. Chile: - Concession for construction, operation and maintenance of Temuco and Santiago de Chile underground car parks. - Concession for construction and operation of the Logistics Support Extension Zone (ZEAL) of the Valparaiso Port. - Concession for renovation and operation of the Chacalluta Airport passengers terminal. - Concession for construction and operation of a logistic and customs center in the city of Los Andes. México: - Concession for enlargement and improvement works of the highway between Tapachula and Talismán, with a branch road to Ciudad Hidalgo. Brazil: - Concession for operation and maintenance of a parking zone in Rio do Janeiro. Romania: - Railroad and road access of the Calafat-Vidin international bridge. INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PRESENCE LOCAL BRAN- Aeropuerto Chacalluta de Arica (Chile). Construction (civil works and building, residential and non-residential), Infrastructure maintenance, Concessions, Renewable energy, Real estate, Logistic services and Railroad transportation services. BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES Latin America, East of Europe (Romania, Poland and Bulgaria), United Arab Emirates and India. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC (Provisional) Total turnover: 387 million Equity: 59 million AZVI S.A. C/ Almendralejo, Sevilla. España Tlf: Fax:

8 Vallecas hospital in Madrid (Spain). 6 Portugal, Poland, China and Chile. Madrid Metro network (Spain). Local branches: Warsaw (Poland) and Gdansk (Poland). Subsidiaries and/or shared companies: Quinta das Rosas (Portugal), Begar Budownictwo (Poland), Begar Polska (Poland) and Inver Shandong (China). Portugal: - Residencial Quinta das Rosas property development in Lisbon. Poland: - Urban development and retail, commercial and residential development project in Gdansk. China: - Property development in Jinan. INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PR Section of A-66 divided highway (Spain). Construction (civil works and building, residential and non-residential), Concessions, Real estate, Services (urban, industrial, health and social care ), Telecommunications and Media. BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW Latin America, East of Europe and Middle East. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA Total turnover: 700 million Equity: 108 million BEGAR S.A. C/ Francisco Hernández Pacheco, Valladolid. España Tlf: Fax:

9 Zuwarah University (Libya). Ocean Village Complex, (Gibraltar). Morocco, Libya, Gibraltar and France. Local branches: Gibraltar. Subsidiaries and/or shared companies: Bruesa France (France) y Bruesa Africa (Morocco). Morocco: - Construction of La Rocade Mediterranéenne road. Section: Tetouan - Oued Laou. - Construction of market building in Tangier. - Offices building in Casablanca. - House building in Mazagan. - Housing development in Berrchid. - Earth movement works for a medical center construction in Tangier. Libya: - Construction of Surman University buildings, urban services and infrastructure. - Construction of Zuwarah University buildings, urban services and infrastructure. Gibraltar: - House building in Mid Harbour, Ocean Village, Grand Ocean Plaza, Monaco Ocean Plaza and Sands Site. - Offices building "Old Mot Centre" Longhorn. - Ocean Village complex, including an island and a pier. - Casino building for Ocean Village. France: - Construction of industrial building in Lens. INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR Surman University (Libya). Construction (civil works and building, residential and non-residential), Concessions, Renewable energy and Investment. BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MAR Africa and East of Europe. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA CO Total turnover: 515 million Equity: 31 million BRUESA CONSTRUCCIÓN S.A. C/ Suero de Quiñones, Madrid. España Tlf: Fax:

10 High-speed railroad track installation, section Ankara-Istanbul (Turkey). 8 Poland, Bulgaria, Nicaragua, Mexico, Panama, Venezuela, Colombia, Oman and Turkey. Local branches: Warsaw (Poland), Sofia (Bulgaria), Managua (Nicaragua), Mexico DF (Mexico), Panama (Panama), Muscat (Oman) and Ankara (Turkey). Subsidiaries and/or shared companies: Hispanica Polska (Poland), Grupo Constructora Hispanica de México (Mexico), Hispanica Bulgaria EAD (Bulgaria) and Hispanica Shanfari LLC (Oman). Poland: - Wind parks in Kisielice and Malbork. - Building rehabilitation in Warsaw. - Urbanization in Wlodawa. Nicaragua: - Road duplication, section Managua- Masaya-Granada. - Water supply and sewage México: infrastructure, Esteli and Ocotal. - Suburban light railway infrastructure and rail maintenance, Buenavista- Cuautitlán. Venezuela: - Rehabilitation of Line 1 of Caracas subway. Colombia: - Conservation services, Group 1 North district, Bogota. Oman: Turkey: - Alila Vilas Musan Dam infrastructure, Khasab. - High-speed railroad track installation, section Ankara-Istanbul. NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS America, Middle East and Africa. INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPA Cervantes Institute building in Warswaw (Poland). Kisielice wind park (Poland). Construction (civil works and building, residential and nonresidential), Concessions, Infrastructure maintenance, Renewable energy projects, Real estate and Building restoration and rehabilitation. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC Total turnover: 502 million Equity: 96,5 million CONSTRUCTORA HISPÁNICA S.A. C/ La Coruña, Madrid. España Tlf: Fax:

11 Waste water treatment plant in Smolyan (Bulgaria). Car park concession in Tlalnepantla (Mexico). Construction (civil works and building, residential and non-residential), Concessions, Roads maintenance and Real estate. DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC Total turnover: 544 million Equity: 65 million GRUPO COPASA Rúa do Paseo, Ourense. España Tlf: Fax: BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES NEW New markets Central America (Panama). INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AN Real estate development in Salvador de Bahia (Brazil). International presence Bulgaria, Mexico, Brazil and Chile. Local branches: Sofia (Bulgaria). Subsidiaries and/or shared companies: Urbana Chile, S.A. (Chile). Bulgaria: - Waste water treatment plant, Smolyan. Mexico: - Car park concession, Tlalnepantla. Brazil: - Real estate development, Salvador de Bahia. Chile: - Urban services concession, Chile. 9

12 Enlargement works of a highway section in Oporto (Portugal). 10 Barcelona-France High Speed Rail line, Sant Celoni section (Spain). ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC Total turnover: 708 million Equity: 296 million COPCISA S.A. C/ Navas de Tolosa, Barcelona. España Tlf: Fax: BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW High-speed rail station in Lerida (Spain). Construction (civil works and building, residential and non-residential), Concessions and Roads maintenance. Portugal and Chile. Subsidiaries and/or shared companies: Copcisa Chile (construction and concessions). Portugal: - Enlargement works of a highway section in Oporto. Latin America, East of Europe, United States of America and Persian Gulf countries.

13 La Massana (Andorra). Darnius viaduct in GI-503 road (Spain). Rumania, Andorra and France. Subsidiaries and/or shared companies: Copisa Constructii (Rumania) and Cevalls (Andorra). Andorra: - School in La Margineda. - Caldea Spa&wellness center. - La Farrera Negra complex in La Massana. - Pont Pla tunnel, Andorra La Vella / Escaldes-Engordany. France: - Renovation and rehabilitation of the Colegio de España in Paris. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DAT A COMPANY DATA ECONOMIC DATA COMPANY DATA ECONO Total turnover: 857 million Equity: 144 million GRUPO COPISA Pl. d'europa 2-4. Torre Copisa L Hospitalet de Llobregat. Barcelona. España Tlf: Fax: INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTERNATIONAL PRES Pont Pla tunnel (Andorra). Construction (civil works and building, residential and non-residential), Concessions (infrastructures and services), Infrastructure maintenance, Renewable energy projects, Building restoration and rehabilitation, Real estate, Materials and Pavements division and Industrial activities (projects, installations, maintenance and linear infrastructure). BUSINESS LINES NEW MARKETS BUSINESS LINES NEW MARKETS BUSINESS LINES Morocco, East of Europe and Portugal. 11

14 Water treatment plant in Charneca, Lisbon (Portugal). A-66 divided highway, Villar Plasencia- Plasencia section (Spain). 12 Madrid Metro network (Spain). ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA Total turnover: 538,7 million Equity: 58,5 million JOCA INGENIERÍA Y CONSTRUCCIONES S.A. Avda. Sinforiano Madroñero, Badajoz. España Tlf: Fax: BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW Construction (civil works and building, residential and non-residential), Water processing, Roads maintenance and Concessions. Portugal, Morocco, Brazil, Ukraine and United Arab Emirates. Local branches: Lisbon (Portugal), Casablanca (Morocco) and Abu Dhabi (United Arab Emirates). Subsidiaries and/or shared companies: TECdeR do Brazil (gas) and Joca Ukraine (construction). Portugal: - Water treatment plant in Charneca, Lisbon. - Water treatment plant in São Martinho do Porto, Alcobaça. - Water treatment plant in Silves, Algarve. - Nine water treatment plants in Maxial, Lisbon. - Water treatment plant in Lagoa-Meco. - Dumps closure, Alentejo. - Property development, Elvas. - Property development, Lisbon. Morocco: - Waste water sanitation system, Chefchaouen. - Water treatment plant, Chefchaouen. North of Africa, East of Europe, Brazil and Latin America.

15 Aqueduct over Mª Cristina Reservoir in Alcora (Spain). Poland and Morocco. Enlargement of Castellon Port (Spain). Local branches: Warsaw (Poland) and Kenitra (Morocco). Subsidiaries and/or shared companies: Lubasa Polska, Lubasa Projek and Lubasa Nieruchomosci (Poland) and Lubasa Maroc (Morocco). Poland: - Property development and trading center. Morocco: - Cement plant in Kenitra. NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS NEW MARKETS Poland, Romania and Morocco. INTERNATIONAL PRESENCE LOCAL BRANCHES SUBSIDIARIES AND/OR SHARED COMPANIES MAIN INTERNATIONAL PROJETCS INTE Cement plant in Kenitra (Morocco). Construction (civil works and building, residential and non-residential), Real estate, Concessions and Materials production for the construction industry and public works. ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC D Total turnover: 735 million Equity: 514 million GRUPO EMPRESARIAL LUBASA, S.L. C/ Grecia, 31. P. I. Ciudad del Transporte Castellón. España Tlf: Fax:

16 Water treatment plant in Sariñena (Spain). 14 Irrigation infrastructure in Alqueva (Portugal). ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COM Total turnover: 108,45 million Equity: 18,40 million MARCOR EBRO S.A. Ctra. de Madrid, km 315,8. Edificio Expozaragoza, Esc. 3, 2 a Zaragoza. España Tlf: Fax: BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW MAR Construction and operation of urban waste management plant in Zaragoza (Spain). Construction (civil works and building, residential and non-residential), Concessions and Services: urban and industrial waste management, water processing and car park management. Portugal and Argentina. Local branches: Evora (Portugal). Subsidiaries and/or shared companies: ServAmbiente (Portugal). Portugal: - Irrigation infrastructure (1,000 ha) in Alqueva. Argentina: - Irrigation infrastructure and land transformation to be irrigated in Mendoza. East of Europe and Latin America.

17 ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA Total turnover: 309 million Equity: 68 million Ferrol-Villalba divided highway. Viaduct over Eume River in A Coruña (Spain). PUENTES Y CALZADAS GRUPO DE EMPRESAS S.A. Carretera de la Estación, s/n A Coruña. España Tlf: Fax: AG-59 divided highway and connection with Santiago High Capacity Road Network. Section: CP801 Junction-Tras do Eixo Junction (Spain). Libya. Local branches: Tripoli (Libya). INTERNATIONAL PRESENCE NEW MARKETS INTERNATIONAL PRESENCE NEW MARKETS INTERNATIONAL PRESENCE NEW East of Europe and North of Africa. BUSINESS LINES BUSINESS LINES BUSINESS LINES BUSINESS LINES Restoration of Caño Herrera tide mill in San Fernando, Cadiz (Spain). Construction (civil works and building, residential and non-residential), Refurbishment and restoration of buildings, Industrial prefabricated concrete products, Industrial and residential property development and Concessions. 15

18 Madrid-Levante High Speed Railroad tunnel boring machine. Section: Siete Aguas-Buñol (Spain). Alanda Residence property development in Warsaw (Poland). North Bridge in Warsaw (Poland). ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC 16 (Provisional) Total turnover: 1.020,3 million Equity: 333,4 million SANDO Parque empresarial Delta Norte. Av. Manoteras 46, 1 a Madrid. España Tlf: Fax: USINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKE Construction (civil works and building, residential and non-residential), Environmental projects and services, Concessions, Materials and supplies production for the construction industry and public works and Real estate. Poland and Hungary. Subsidiaries and/or shared companies: Sando Budownictwo Polska and Sando Inmobiliaria Polska (Poland). Poland: - Construction of N. 627 road and new bridge over Bug River. - Construction of road and bridge in Warsaw. North Bridge road. - Alanda Residence property development, Warsaw. - Sansara property development, Warsaw. - Vermera property development, Warsaw. Central and Eastern Europe.

19 Regulation and renovation of the Terreu Canal in Alto Aragon (Spain). M-410 road. Section: M-413-A-42 in Madrid (Spain). Siles Dam construction. Jaen and Albacete (Spain). Construction (civil works), Concessions and Maintenance services. Romania. Local branches: Timisoara (Romania). Subsidiaries and/or shared companies: Sogelusa (civil works) in Romania. East of Europe. BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE NEW MARKETS BUSINESS LINES INTERNATIONAL PRESENCE ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA ECONOMIC DATA COMPANY DATA Total turnover: 65,9 million Equity: 17,1 million SOGEOSA. SOCIEDAD GENERAL DE OBRAS, S.A. C/ Orense, Madrid. España Tlf: Fax:

20 I N T E R N A T I O N A L A C T I V I T Y